SK Hynix has topped US$1-trillion in market capitalization for the first time, joining memory rivals Samsung Electronics and Micron Technology in a historic, AI-fuelled semiconductor rally. Shares of SK Hynix jumped 14.9% on Wednesday, pushing the company’s market value to a record ₩1,680-trillion ($1.12-trillion) and cementing South Korea as the first country outside the United…
African leaders have called for a major rethink of how the continent finances development, manages natural resources and positions itself within the global economy, saying Africa must strengthen economic sovereignty and reduce dependence on fragmented financing systems and raw commodity exports. Speaking during the ongoing African Development Bank Group (AfDB) Annual Meetings 2026 in Brazzaville,…
One of the experts said Africa’s debt crisis should not be viewed only through economic indicators but through its impact on ordinary citizens At least 32 African countries now spend more on debt servicing than on healthcare, exposing the growing human cost of the continent’s worsening debt crisis, experts said on Wednesday at the opening…
Search-and-rescue operations are ongoing, with the number of casualties yet to be confirmed.
Turning parliamentary records into searchable, visual data. (Image source: 123RF) South Africa’s Parliament produces a significant volume of information. Committee minutes, attendance registers, written questions to ministers, budget review reports and so much more. This written record of parliamentary activity is extensive, and the problem is that it isn’t easily accessible. It’s information, not data,…
WHO Warns of ‘Catastrophic Collision’ of Ebola and Conflict in DR Congo The World Health Organization (WHO) has warned that eastern Democratic Republic of the Congo faces a “catastrophic collision of disease and conflict” as a fast-spreading Ebola outbreak outpaces containment efforts in a region already battered by armed violence, mass displacement and acute…
The Boston Consulting Group (BCG), in its new report, themed: ‘Financing Women’s Digital Entrepreneurship: A Pathway to Closing Africa’s Economic Gender Gap’ has revealed that women’s economic participation in Africa has fallen 0.6 percentage points below 2022 levels, extending the region’s timeline to reach economic parity from 120 years to approximately 170 years. The report…
Gilgil, Kenya — A fire at a school for girls in central Kenya has caused an unknown number of deaths, according to police, who said search teams have been deployed. Radio station Capital FM cited Samuel Ndanyi, the regional police commander as saying at least 10 students were killed, according to the Reuters news service….
Tertius Zitzke 4Sight Holdings has reported a sharp lift in earnings for the year to 28 February 2026 – but the JSE-listed group’s segmental data complicates the AI-led growth story it is pushing. Revenue rose 16.3% to R1.16-billion, operating profit climbed 45.8% to R71.7-million and headline earnings per share grew 46.1% to 10.732c. Basic EPS…
Luanda — Angola will host, from August 1st to 2nd, the Extraordinary Summit of Heads of State and Government of the African Union (AU) on Strengthening Mechanisms for Conflict Prevention and Resolution in Africa, the Minister of Foreign Affairs, Téte António, announced on Tuesday in Luanda. This fact was reinforced during the celebrations of the…
